Member Info for winnings1

At current oil prince in excess of $75, pumping at say just 5000 barrels a day, profit for the current financial year is going to look pretty good, possibly well over £25 million, delivering very handsome Earnings Per Share! Might we see EPS possibly as high as 3p? At current share price of 12p that would mean a PE-ratio of just 4? Hard to believe this may
indeed become the case. Anyone volunteering to challenge my figures?

At current very low share price one might be forgiven to think that from now on all wells will turn out to be dry. Do I accept such a doomsday scenario? I don't and I don't think so, and I don't think anyone with any common sense does so.

Is this Company going bankrupt or something? The way the share price has come down in recent months it looks like the end of the Company is nigh. But I reckon Renewi will be here for a long time to stay. It is just shareholders behaving erratic, greedy for a fast buck elsewhere? Patience here may well pay handsomely in time to come, IMHO.

It is my understanding that AMER is profitable and accumulates cash at a faster rate than needed for ongoing drilling operations. Oil price is good, cash keeps coming in at a good lick. Not bad for a small oil company working in difficult territory in challenging weather conditions. At 12.5p the shares look cheap, IMO.

But not safe in Jeremy's hands, judging by today's noises about nationalising the water companies.

Say no more, Results are dismal, a lot of effort into making losses, why bother one may ask. Or is there a terrific turn round into great profits still a possibility?

To be frank, I find the H1 Results disappointing. Unexciting organic growth and a nasty hit from a collapsed China-deal.
I fear the share price will come down somewhat.

This Vanadium renting lark sounds a bit unreal, a bit like renting the seats of a car.

Where can Redt or anyone else rent Vanadium from? I thought he was talking about recovering & re-using the vanadium at the end of life of the 'storage machine', thus calling it 'renting of vanadium'. Am I wrong in this?

I have been buying recently, I consider SVT quite safe should it come to a hard Brexit, and I do like the dividend!

On the Bulletin Board at Interactive Investor (AMPLE II), we had Dave Sweeney and Monty preaching to buy the shares at 150p and above. I opposed their ramp-up messages and stated my view as to the true value, and my figure was 80p.
I was cursed into hell for daring to be so negative. We are close to that figure now. I may just consider buying some soon.

Redt needs real hard cash sales now, not dream sales.

As I expected, bad figures! Fund-raise has to be imminent. I have said it before, I say it again: Redt's management excels at making losses. if there were a prize for 'Best Qualified to Produce Losses', then Redt's management surely is in with a winning chance. I cannot help but think that putting out a positive sounding RNS just two days before H1 Results was intended to hold the share price up at Results.

First we get the impression that Redt has achieved a contract to supply, then we discover that Redt has achieved no more than a listing to become a maybe supplier, then, when just beginning to accept the latter, we discover that Redt is by no means alone to be listed as maybe supplier. I somehow fear that Redt has bad financial figures in store for us when producing H1 Results tomorrow. A fund-raise cannot be far away, IMHO.

H1 Results out today are good, nice EPS rise, good Divi rise, profit margins up and exciting new products pipeline.

I am increasingly uncomfortable with this morning's RNS. I think we are 'misguided' to believe there is a contract, but there is no contract. In my view the RNS entails: Listed as 'licenced' to supply, which is rather different from 'contracted' to supply. And is it not possible for more companies to be listed in the same category? RED needs hard cash contracts,
not dream-contracts!

I am always somewhat suspicious when there is a favourable sounding RNS just before Results are announced.
H1 Results are due on Thursday, I think we need to brace ourselves for poor figures.

Selected on a Framework is not a contract to install, or is it?

The question has to be How Advanced Is RED's storage system as against others on the market?

Judging from the refusal of the share price to rise, one might begin to wonder whether RED's story is credible, is believed by non-trader investors? I have written in the past that RED's directors deserve a medal for their record of making losses. The German deal changed my mind, but not forever!